The document provides information about upcoming events for the Flagler County Association of REALTORS, including: - An open house and classes on August 1st about FHA/VA financing and the economy. - A legislative update with State Rep. Travis Hutson on August 8th. - Various other classes and meetings throughout August, including a new member orientation, contract writing, and ethics training. - Upcoming events include the Florida REALTORS convention in August and a District One football event in October.

1. P.O. BOX 1216 BUNNELL FLORIDA 32110 PHONE 386-437-0095 FAX 386-437-6070
Reprinted with permission by the National Association of REALTORS®
UPCOMING EVENTS
August 1, 2013
9:00 AM - 1:00 PM
Open House
1:00 PM - 5:00 PM
iCE Class - FHA/VA Financing,
Markets, and the Economy
August 8, 2013
9:00 AM - 12:00 PM
Class - Core Law
A U G U S T 2 0 1 3
Volume 31, Issue 8
Cover Story 1
Association & MLS News 2
President’s Message 3
Affiliate Message 4
Cover Story Continued 5
RPAC 6
Note from Grand Haven Mas. 7
Golf Tournament 8
District One Football Ticket Deal 9
News to Use 10
News to Use 11
News to Use Continued 12
Florida REALTORS® Convention 13
WCR Corner 14
Ethics Activity Report 15
Technology 16
Technology Continued 17
BOD Minutes 18
Inside this issue:
Continued on page 5
FROM: NAR Government Affairs
DATE: July 2013
RE: NAR Activity Update – National Flood Insurance Program
NAR has sent you this update to help keep you informed regarding the National Flood Insur-
ance Program (NFIP). There are number of internal and external steps that NAR has taken to
address the serious concerns raised by the scheduled implementation of the NFIP reform
legislation.
The below information can also be found at http://www.ksefocus.com/billdatabase/
clientfiles/172/4/1817.pdf
INTERNAL NAR ACTION STEPS
ENHANCED REALTOR.ORG FLOOD PAGE: Extensive information including legislative
and regulatory summaries, reports, analyses, fact sheets and an informational video on the
NFIP. Helpful links to FEMA and other resources are also available to the membership at the
Realtor.org Flood Page: http://www.realtor.org/topics/national-flood-insurance-program-
nfip.
NAR’s LEGAL AFFAIRS DEPARTMENT: Has developed information and guidance on how
members should address disclosure concerns and issues related to flood insurance and the
possibility of increased flood insurance premiums. This information also includes a sample
flood insurance disclosure statement for use by members and state and local associa-
tions. http://www.ksefocus.com/billdatabase/clientfiles/172/4/1816.pdf
CONDUCTED OUTREACH TO MEMBERS: NAR staff has briefed numerous state associa-
tions and local boards including New Jersey, South Carolina, the Outer Banks (NC), as well as
the entire state of North Carolina. Here is the recording of NAR staff's NC briefing:
https://realtors.webex.com/realtors/lsr.php?AT=pb&SP=EC&rID=67067207&rKey=b528ab8
d3024cc9a
 DISTRIBUTED NFIP RATE SURVEY: NAR is polling state associations to pinpoint the
cause and impact of rate increases experienced. We have posted the survey online and in-
vited Realtor participation. Also, at NAR's request, several states -- including FL, NC, LA, SC,
NY, and NJ -- have issued NAR's survey. They were recently circulated and staff is compiling
the results as they are received.
 NAR WEBINAR WITH FEMA OFFICALS: In conjunction with the National Association
of Home Builders over 700 members (the majority being REALTORS) from both organizations
participated.
FUTURE INFORMATIONAL WEBINARS AND PANELS: are under development for the
Louisiana, Florida, New Jersey and New York state associations.
EXTERNAL NAR ACTION STEPS
 WORKING WITH US HOUSE OF REPRESENTATIVES: With NAR’s support, Reps. Bill
Cassidy (R-LA) and Maxine Waters (D-CA) have successfully passed out of the House an
amendment to the Homeland Security Appropriations Bill to delay removal of
“grandfathered” flood insurance rates for one year. This will provide FEMA with additional
time to complete the “Biggert-Waters” affordability study and report to Congress on the im-
pact of this and other rate reforms.

2. Upcoming Events
August 8, 2013
9:00 AM - 10:00 AM
Legislative Update with
State Rep. Travis Hutson
1:00 PM - 5:00 PM
Class - Contract Writing
August 9, 2013
9:00 AM - 10:00 AM
Budget Workshop
August 20, 2013
9:00 AM - 2:30 PM
New Member Orientation
August 21, 2013
8:00 AM - 9:00 AM
Board of Directors’ Mtg.
August 23, 2013
9:00 AM - 11:30 AM
Code of Ethics DVD
August 27, 2013
10:00 AM - 11:30 AM
BASIC Navica Training
August 28, 2013
8:30 AM - 10:00 AM
General Membership Mtg.
August 29-30, 2013
8:00 AM - 5:00 PM
NAR Green Designation
Course 100—Real Estate for
a Sustainable Future.
Page 2
AAASSOCIATIONSSOCIATIONSSOCIATION & MLS N& MLS N& MLS NEWSEWSEWS
American Home Mortgage
Total Security Systems
Town & Country Homes
New Members
New Affiliate Members!!
Free REALTOR(R) Safety
Webinar on Sept. 5
http://enews.realtor.org/a/
tBRsOr7B8hVyFB8y$5rAAFN
G38V/edu4
< Richard Cottingham
Take Action Properties
Amanda Dack 
Palm Coast & The Beaches Realty
< Catherine Groom
Palm Coast & The Beaches Realty
David Lydon 
Palm Coast Flagler Beach Realty
< Beverly Pietrzykowski
Century 21 100 Realty
Richard “Alan” Prather 
Exit Realty First Choice
< Karen Quintillani-Yarbrough
Palm West Home Realty

3. Page 3
PPPRESIDENTRESIDENTRESIDENT’’’SSS MMMESSAGEESSAGEESSAGE
Honora S. Giumenta
2013 President
Flagler County Association of REALTORS®
To All –
We did it again! There was standing room only at our General Membership Meeting in July. FBI Agents, Robert Ro-
bichaud II and James Bartoszak from the Daytona Office were our guest speakers. The topic was “mortgage fraud”.
It was an enlightening presentation with time for questions and answers. We are again expecting standing room
only for the August General Membership Meeting. We will be having presentations on multiple offers – if you are
presenting an offer to a seller or if you are presenting an offer on a REO. To those that have been attending, THANK
YOU; to those that have not attended you may want to join us.
Have you had the opportunity to look at the “MLS Data Co-op” on our MLS? You can find the tab by signing onto
Navica and clicking detailed search. Take a look and let us know what you think. We will be offering training ses-
sions to our members.
We know you are sometimes overwhelmed with the amount of emails you receive daily. If you happen to receive an
email with the heading “Call to Action” please take the time to reply and send the letter to your representative. The
most recent “Call to Action” read: “Tax Reform is underway on Capitol Hill. The Senate has adopted a “Blank Slate”
approach that initially eliminates every provision in the tax code, including those that encourage real estate owner-
ship and investment. REALTORS® must stand united that tax reform should above all “Do No Harm” and encourage
Congress to retain tax provisions vital to real estate.” Click here for the easiest way to respond to the “Call to Ac-
tion”. Once you have initially signed up you will be sent direct “Calls to Action” and can even sign up for the mobile
app.
A few of the special events coming up are a Legislative Update with Travis Hutson Aug 8 at FCAR; the Florida REAL-
TORS Convention in Orlando Aug 14-18; FCAR’s Toastmaster’s Charter Meeting Aug 22; Green Designation Class
Aug 29 & 30; District One Football Event (Jaguars vs Chargers) Oct 20; and FCAR’s Foundation Golf Tournament Nov
1 at Plantation Bay. Call 437 0095 for more details.
Please be sure to check the calendar on NAVICA for committee meetings, caravans, and education classes. Remem-
ber there is no charge for CE Classes this year.
If you ever have any questions, comments, or suggestions please feel free to email me at Hono-
ra@HonoraGiumenta.com.
Thank you very much for all you do and for being a member of our association!
Until next month…..be kind to each other….
Honora
QUOTE OF THE MONTH

4. Page 4
AAAFFILIATEFFILIATEFFILIATE MMMESSAGEESSAGEESSAGE
Pat Milnes
Professional Title Agency, Inc.

5. Page 5
CCCOVEROVEROVER SSSTORYTORYTORY, C, C, CONTINUEDONTINUEDONTINUED.........
AFFILIATE SPOTLIGHT
 WORKING WITH US SENATE: United States Senators Mary Landrieu (D-LA) and David Vitter (R-LA) are working
with NAR to include the delay in the Senate version of the Homeland Security Appropriations Bill, and also expand it to
include the other rate provisions effective October 1st
which will start impacting home purchases later this year.
 US SENATE BANKING COMMITTEE: Will conduct a hearing on the affordability of the NFIP rate provisions. The
hearing is expected to be conducted in late July.
 CONGRESSIONAL STAFF SYMPOSIUM: NAR, in cooperation with the American Bankers Association and the Na-
tional Association of Home Builders, is planning a flood insurance forum for Members of Congress and congressional
staff. The purpose of the forum is to educate Congress on the coming changes required under the Biggert-Waters legisla-
tion and discuss legislative and regulatory options currently under discussion.
WORKING WITH FEDERAL AGENCIES: NAR has been working with several federal agencies that are involved in flood
insurance and related insurance issues:
1. FEMA is developing an affordability study in a report to Congress. NAR is working with FEMA to pro-
vide the data we receive from our survey. NAR successfully advocated for the study's inclusion in the five
year bill.
2. FEDERAL INSURANCE OFFICE: NAR drafted extensive comments to a formal Request for Comments
from the U.S. Department of Treasury’s Federal Insurance Office for a report to Congress on the current
state of the market for natural catastrophe insurance in the United States. This report to Congress was
mandated under Biggert-Waters. NAR commented that, in summary, the private insurance market has
failed to ensure access to affordable property insurance for hurricanes, earthquakes and other major ca-
tastrophes, including floods. As a result, federal post-disaster assistance has become the default method
for financing community and home rebuilding.
3. GOVERNMENT ACCOUNTABILITY OFFICE: NAR staff have communicated with officials from the
Government Accountability Office (GAO) on increasing private sector involvement in the flood insurance
market. This report from GAO to Congress was also mandated under Biggert-Waters. NAR’s primary
comment to GAO on this issue was to emphasize the obstacles to the creation of a viable market for pri-
vate flood insurance products, previous private flood insurance market failures and the fact that the insur-
ance industry has a difficult time accurately pricing and managing flooding risks.

6. JOIN THE CLUB
RPAC 2013
Page 6
RPACRPACRPAC
99 Club Member
Linda Cohen
Sterling Colee
Doris Dolamore
Gail Downs
Sharon Gronning
Kay Johnston
Anthony Martinez
Patsy Moden
Carlos Pinto
Pamela Richardson
Janet Salam Stoughton
Donna Tofal
James Walden
Nancy White
G. Matthew Wilson
Frank Zedar
Gold Sustaining Member
Ric Giumenta
Dorothy Sperber
Capitol Club Member
David Alfin
Carmen Bongiovanni
Ana DeAlmeida
Karen Farrell
Annette Gardinal
Jimmy Millhollin
Linda Ponsiek
Dorothy Sperber
Scott Triplett
Francis Waltz
Statemen’s Award Member
Dana Davis
Sterling R – NAR Major Investor
Honora Giumenta
Ric Giumenta
Karen Radcliff
Are you Investing in your Profession? Why not? Go
to www.realtoractioncenter.com to see the many
reasons to Invest in your Profession and get
involved.
Did you know National Association of Realtors has
an app for the Action Center? Go mobile and get the
NAR action center mobile app for your smart phone
and stay in tuned with the current happenings and
call to actions.
Thank you to FCAR Affiliate Member Mike
Richards of Vector Security for the wonderful
basket donated to help raise funds for the Realtor®
Political Action Committee (RPAC). Thank you to all
our current investors and future investors! Big
things are coming down the pipe and we need your
involvement.
Please join us on August 8th
to listen to State Rep.
Travis Hutson with a legislative update. Call the
Association 386-439-0095 to RSVP.
“Everyman owes a part of his time and money to the
business or industry in which he is engaged. No
man has a moral right to withhold his support from
an organization that is striving to improve conditions
within his sphere.” Pres. T. Roosevelt 1908
Until next month……
Karen Radcliff
Public Policy Chair

7. Page 7
Grand Haven Master Association, Inc.
Post Office Box 354785 | Palm Coast, Florida 32135
www.grandhavenmhoa.com
Dr. Robert Carlton, President Ms Terri Langan, Director
Mr. Murray Salkovitz, Vice President Mr. Vic Natiello, Director
Mr. Gerald Kagan, Treasurer Mr. Troy Railsback, Secretary, Ex-officio
FLAGLER COUNTY ASSOCIATION OF REALTORS, INC.
As I am sure you are aware, moving is a stressful event for virtually everyone. In order to make moving
into Grand Haven the most positive experience possible, it is extremely important that all new residents,
both homeowners and renters alike are aware of the requirements associated with living within a deed
restricted community.
The Board of Directors of the Master Association has developed both a New Resident Information Packet
and a volunteer Neighbor to Neighbor Program designed to provide relevant information to our new resi-
dents. Your assistance is needed to ensure that your clients are fully aware of the rights, obligations and
responsibilities of all Grand Haven residents.
Therefore, we are asking that you make sure that when a client of your firm buys a residence in Grand
Haven, they receive the seller’s copy of the Covenants, Conditions and Restrictions (CC&R’s) of our com-
munity. For renters, a copy of this document may be found on our website (grandhavenmhoa.com). In ad-
dition a copy of the Architectural Design Committee Standards may also be found on this website. The
Standards provide updated information regarding any modifications the owner wishes to make to either
the exterior of the residence or the landscaping.
By ensuring that your clients are either provided with this information or made aware of how to easily ac-
cess it, you will assist in making their transition a smooth and comfortable experience. It is our belief that
this information will provide all new residents with an understanding of the expectations of their commu-
nity and result in a most positive lifestyle experience.
We thank you for your efforts on behalf of our residents and your cooperation in regard to the above is
greatly appreciated.
Sincerely,
Grand Haven Master Association
Board of Directors

8. Club de Bonmont has been ranked as one of the "Top 50 Florida
Golf Courses" and among the "50 Most distinctive Courses in the
Southeast U.S" Designed with natural and man-made hazards,
undulating greens, bunkers, trees and water, the course
requires players to use every club in the bag.
Tournament entry fee includes Scramble format over 18 holes, Golf
Cart, Range Balls and Dinner.
Our objective is to support communities in Flagler County. This
year’s support will be divided between the Flagler Free Health
Clinic and the Family Life Center.
Lots of raffle prizes and awards, fun and games such as Par 3
Poker, Long Drive M/W, Closest to the pin M/W, Pro Long Drive
Assist on a par 5 and much more.
Sponsorship opportunities are as follows.
Gold Sponsorship level $1,000
Team in tournament, own a hole for booth / tent display to promote
company, recognition at dinner function as gold sponsor able to
talk during dinner, program recognition.
Silver Sponsorship level $500
2 players in tournament, own a hole for booth/tent display to pro-
mote company, recognition at dinner function and hand outs,
program recognition.
Bronze Sponsorship level $300
1 player in tournament, own a hole, program recognition.
Sponsor sign on hole $100,
program recognition
Hole in ONE insurance
sponsor $250
Trophy sponsor $150
Beverage cart sponsor$500
FIRST ANNUAL FLAGLER REALTORS
FOUNDATION GOLF TOURNAMENT
NOVEMBER 1, 2013
Location:
100 Plantation Bay Drive Ormond
Beach, FL 32174
Scramble Format
Time:
12:00 pm Registration
1:00 pm Shotgun Start
Dinner & Awards to Follow
Please direct questions to:
Flagler County Association of REALTORS®
(386) 437-0095
Communications@FlaglerCountyREALTORS.com
Information on Golf Tournament and list of Sponsors can
be found at:
www.FlaglerCountyREALTORS.com
Entry fee per player is $85 or
$340 per team of 4 or
Pay only $320 per team of 4 on or
before September 18th!!!
Entry deadline October 18th

10. Page 10
NNNEWSEWSEWS TOTOTO UUUSESESE
WE’RE LISTENING TO BUSINESSES ABOUT THE HEALTH CARE LAW
From the start, this Administration has encouraged an ongoing dialogue with the leaders of our nation’s businesses, large
and small. There’s more to do, but working together we’ve helped rebuild our economy. Businesses have added 6.9 mil-
lion private-sector jobs in the past 39 months and we’ve helped strengthen the middle class. Today, most Americans get
their health insurance through their jobs and that will be the case moving forward.
To help restore middle class security, we are making health care more affordable to businesses, government, and Ameri-
can families through the Affordable Care Act. While major portions of the law have yet to be implemented, it’s already a
little more affordable for businesses to offer quality health coverage to their employees. A recent report suggests that
medical cost growth will be lower in 2014 than an already low rate in 2013, both “defying historical patterns.”
Starting next year, the law also ensures all Americans will have access to affordable health coverage. We are on target to
open the Health Insurance Marketplace on October 1 where small businesses and ordinary Americans will be able to go
to one place to learn about their coverage options and make side-by-side comparisons of each plan’s price and benefits
before they make their decision.
As we implement this law, we have and will continue to make changes as needed. In our ongoing discussions with busi-
nesses we have heard that you need the time to get this right. We are listening. So in response to your concerns, we are
making two changes.
First, we are cutting red tape and simplifying the reporting process. We have heard the concern that the reporting
called for under the law about each worker’s access to and enrollment in health insurance requires new data collection
systems and coordination. So we plan to re-vamp and simplify the reporting process. Some of this detailed reporting may
be unnecessary for businesses that more than meet the minimum standards in the law. We will convene employers, insur-
ers, and experts to propose a smarter system and, in the interim, suspend reporting for 2014.
Second, we are giving businesses more time to comply. As we make these changes, we believe we need to give em-
ployers more time to comply with the new rules. Since employer responsibility payments can only be assessed based on
this new reporting, payments won’t be collected for 2014. This allows employers the time to test the new reporting sys-
tems and make any necessary adaptations to their health benefits while staying the course toward making health cover-
age more affordable and accessible for their workers.
Just like our effort to turn the 21 page application for health insurance into a 3 page application, we are working hard to
adapt and to be flexible in employer and insurer reporting as we implement the law. Meanwhile, here is a quick review of
what small and big businesses need to know about the health law and how it will work:
If you are a small business with less than 50 workers, the law’s employer shared responsibility policies does not apply to
you. Instead, you will gain access to the Small Business Health Options Program that gives you the purchasing power of
large businesses. In fact, you may be eligible for a tax credit that covers up to half the cost of insurance if you offer quality
coverage to your employees
If you own a business with more than 50 workers that already offers full-time workers affordable, quality coverage, you
are fine – we’ll work with you to keep that coverage affordable.
And if you are a company with more than 50 employees but choose not to offer quality affordable coverage, we have pro-
vided as much flexibility and transition time as possible for you to move to providing affordable, quality coverage to your
workers.
We are full steam ahead for the Marketplaces opening on October 1. For more information on what is coming check out:
HealthCare.gov
HEALTH INS. EMPLOYER MANDATE DELAYED ONE YEAR
The new federal health reform law's requirement that employers with 50 or more full-time employees provide health in-
surance to their full-time employees or face a penalty was delayed yesterday to allow the federal government the oppor-
tunity to streamline the law’s employer reporting requirements and give employers more time to set up their systems for
implementing it. Also delayed is the penalty for failure to provide employee coverage. Health insurance exchanges, on
which businesses and individuals will be able to compare and select insurance plans in one place, will still launch later
this year, as planned, the Obama administration says. The employer mandate is expected to have limited impact on real
estate brokerages and on state and local associations of REALTORS®, because most brokerages and associations have
fewer than 50 full-time employees. Sales associates who are independent contractors are not counted as employees under
the law. More on the delay is at the White House blog. Background on the employer mandate is in the NAR video, "Gear
Up for Health Ins. Mandate."

11. Page 11
NNNEWSEWSEWS TOTOTO UUUSESESE
ypn
WASHINGTON (July 9, 2013) – Millennials are more confident than any other age group that their recent home purchase
was a good financial investment, according to a new study released today. The inaugural 2013 National Association of Real-
tors®
Home Buyer and Seller Generational Trends evaluated the generational differences of recent home buyers and sellers
and found that while eight out of 10 recent buyers considered their home purchase a good financial investment, the number
was even higher, 85 percent, for younger buyers under the age of 32.
“Homeownership is an investment in your future, and is how many younger American families begin to accumulate wealth,”
said Paul Bishop, NAR vice president of research. “The oldest of the Millennial generation are now entering the years in
which people typically buy a first home, and despite the recent downturn, homeownership still matters to them. The sheer
size of the Millennial generation, the largest in history after baby boomers, is expected to give a powerful boost to long-run
housing demand, though in the short-term mortgage accessibility and student debt repayment remain challenges.”
The study found that the largest group of recent buyers was Generation X Americans, those born between 1965 and 1979,
who comprised 31 percent of recent purchases, followed closely by Millennials, sometimes called Generation Y, those born
between 1980 and 2000, at 28 percent. Percentages of recent home purchases among prior generations was significantly
lower, 18 percent were Younger Boomers, those born between 1955 and 1964; 14 percent were Older Boomers, Americans
born between 1946 and 1954; and 10 percent were from the Silent Generation, those born between 1925 and 1945.
The median age of Millennial home buyers was 28, their median income was $66,200 and they typically bought a 1,700-
square foot home costing $165,000. The typical Gen X buyer was 39 years old, had a median income of $93,100, and pur-
chased a 2,100-square foot home costing $235,000.
The previous living arrangement of recent buyers varied greatly across the generations; among Millennials, 65 percent
rented an apartment or house and 22 percent lived with their parents, relatives or friends; more than half of all Baby Boom-
er and Silent Generation buyers owned their previous residence.
The study found that older generations of home buyers prefer more recently built homes. Millennials typically bought
homes built around 1986, nearly a decade older than the homes typically bought by the Silent Generation.
Younger buyers had a tendency to stay closer to their previous residence, often staying within 10 miles, whereas older
buyers moved longer distances, typically more than 20 miles from their previous home.
Younger buyers were more likely to buy in an urban or central city area than older buyers; 21 percent of Millennials
bought a home in an urban location compared to only 13 percent of Older Boomer and Silent Generation buyers.
The reason for buying a home also varies across the generations; younger buyers most often cited the desire to own a home
of their own whereas older buyers wanted to be closer to family and friends. When it comes to factors influencing neigh-
borhood choice, younger generations cited convenience to jobs, affordability of homes, and quality of the school district.
Older generations placed higher importance on convenience to family and friends and healthcare facilities.
When it comes to a home’s green features, younger buyers placed higher importance on commuting costs than older gen-
erations who placed higher importance on a home’s energy efficient features and living in an environmentally friendly
community.
Millennials tended to make more compromises with their home purchase than any other generation. Millennials most often
conceded on the price and size of the home, lot size, distance from job and style of home; whereas nearly half of Older
Boomer and Silent Generation buyers made no compromises on their recent home purchase.
As the age of recent buyers increases so does the rate of owning more than one home; among Millennials, 8 percent own
more than one home, which could include either a vacation home or investment property; compared to 21 percent of Gen
X-ers, 28 percent of Younger Boomers, and 27 percent of Older Boomers, and 26 percent of the Silent Generation.
Home buyers of all ages often begin the home buying process by looking online for properties for sales; however, the fre-
quency of use of the internet to search for homes decreases as age increases. Ninety percent of Millennials frequently used
the internet to search for homes compared to less than half of Silent Generation buyers. Younger generations of buyers
were also more likely to find the home they purchased through the internet; older buyers most often learned about the
home they purchased from their real estate agent.
NAR Survey of GenerationalTrends ShowsYounger Buyers More Optimistic

12. Page 12
NNNEWSEWSEWS TOTOTO UUUSESESE, C, C, CONTINUEDONTINUEDONTINUED.........
Buyers of all ages gain many benefits from working with a real estate professional. Among the age groups, younger buy-
ers are more likely to want an agent’s help understanding the home buying process, presumably because many are buy-
ing a home for the first time. Younger buyers were most often referred to their agent by a friend, neighbor or relative
whereas older buyers were increasingly likely to work with the same agent they previously used to buy or sell a home.
When it comes to choosing an agent, reputation was important to buyers of all ages; however, younger buyers more often
cited an agent’s honesty and trustworthiness as the most important factor compared to older buyers who most often cited
the agent’s knowledge of the neighborhood – perhaps because older buyers tend to move further distances and may
have less familiarity with area.
The median down payment for Millennials was 5 percent, considerably less than older generations of buyers whose down
payment ranged from 8 percent for Gen X buyers to 22 percent for Silent Generation buyers. Younger buyers who fi-
nanced their home purchase most often relied on savings for their down payment whereas older buyers were more likely
use proceeds from the sale of a primary residence.
“An interesting finding is that Older Boomers and Silent Generation buyers found the mortgage application and approval
process more difficult than expected compared to younger buyers,” said Bishop. “This underscores the ongoing chal-
lenges that many credit worthy home buyers face with today’s tight credit standards.”
The largest group of recent home sellers was from Generation X, comprising 30 percent of recent sales, followed by
Younger Boomers (21 percent), Older Boomers (21 percent) and the Silent Generation (19 percent). As the age of sellers
increased, the share of married and unmarried couples declined and the percentage of single female home buyers in-
creased, from 4 percent among Millennials to more than 17 percent among Boomer and Silent Generation sellers, per-
haps due to death or divorce.
Like buyers, older sellers tend to move greater distances, and are more likely than younger generations to move out of
the state or region. While younger buyers typically moved to larger, higher priced homes, the data shows a clear trend of
downsizing to smaller, less expensive homes among the Older Boomer and Silent Generations.
Typically the older the seller the longer the tenure in the home, while Millennials had been in their previous home for a
median of five years, Gen X-ers stayed 8 years, Younger Boomers owned their home for 11 years, Older Boomers stayed
for 13 years, and the Silent Generation kept their previous home for 15 years.
The reasons for selling a home also varied among the generations. Younger buyers were more likely to move to accom-
modate job relocation or desired to upgrade to a larger home. In comparison, older buyers were often looking for a
smaller home due to retirement and because upkeep was too difficult due to health or financial limitations, or to be closer
to family or friends.
When it comes to negotiating, older sellers are often more willing to reduce their home’s asking price but are less likely
to offer buyer incentives such as home warranty policies or assistance with closing costs.
Of sellers working with real estate agents, the study found that older generations of buyers are more likely to use full-
service brokerages in which agents provide a broad range of services. While more than two-thirds of Millennials used
full-service brokerages, they were more likely than other generations to choose limited service, which includes discount
brokerage, or minimal service, such as simply listing the home on a multiple listing service, presumably because they
have less equity in their home.
Sellers of all ages typically found a real estate agent through a referral or friend; however, younger sellers were more
likely to use the same real estate broker or agent for their home purchase, 59 percent of Millennials used the same agent
compared to 42 percent of Older Boomer sellers. Younger sellers typically want their selling agents help with selling the
home within a specific timeframe and pricing the home competitively, whereas older buyers are looking for their agent’s
help with marketing the home and finding a buyer.
For additional NAR commentary on the home buying habits of Millennials, watch this video.
NAR mailed an eight-page questionnaire in July 2012 to a national sample of 93,502 home buyers and sellers who pur-
chased their homes between July 2011 and June 2012, according to county records and using the Tailored Survey Design
Method. It generated 8,501 usable responses; the adjusted response rate was 9.1 percent. All information is characteristic
of the 12-month period ending in June 2012 with the exception of income data, which are for 2011. Because of rounding
and omissions for space, percentage distributions for some findings may not add up to 100 percent.
The National Association of Realtors®
, “The Voice for Real Estate,” is America’s largest trade association, representing 1
million members involved in all aspects of the residential and commercial real estate industries.

14. Page 14
WCR CWCR CWCR CORNERORNERORNER
Flagler County Chapter, Women’s Council of Realtors®
Mission Statement:
“We are a network of successful REALTORS® empowering women and men to exercise their potential as
entrepreneurs and industry leaders”
Dream – Believe- Achieve
Ahoy Matey!
There's a treasure in the land, but do you know how to find and secure it!
On July 18 and 19, District 1 hosted this years event in St. Augustine. On the 18th, a PMN (Preferred Management
Network) course was held at the St. John's Board of Realtors office where Tony Macaluso presented "Networking &
Referral Systems". Late that afternoon a networking reception was held at The Pirates & Treasures Museum in which
the attendees enjoyed a tour of the museum and then rum punch on the veranda while networking. Immediately
following the group walked over and had a delightful dinner at the Columbia House. The next day was just as educa-
tional. The event was filled with exceptional speakers including our Florida President, Amy Worth Paul. We were
also privileged to have all of the Florida Officers present. We have been the only District in which all have been
present. Without the collaboration from all four chapters - Flagler, Gainesville, Jacksonville, and St. Augustine, it
would be difficult to have such a successful event in which we continued to show value in being a member. A spe-
cial thanks to our DVP, Joanne Foley, our Governor, Jean Floyd and to our chapter members who attended, Thank
You!
Are you ready for the month of August? On August 2nd Flagler County Chapter will hold our annual Daytona Cubs
social and orientation. We will be meeting at the picnic area where we will enjoy a BBQ dinner. During that time we
will hold an orientation for our new members and will be available to answer any questions or concerns and then It's
take us out to the ballgame.
Have you signed up to attend the Florida Convention in Orlando? There will be numerous educational classes and
the elections for 2014 Florida Officers will be held. If you will be attending more than a day, we still available
space in the timeshare. Please call me.
As always, please remember to use our local and national affiliates.
Have a great August and see you at the ball game or in Orlando!
Ana Paula
Ana P. DeAlmeida
2013 President
Flagler County of Women’s Council of Realtors®

15. Page 15
EEETHICSTHICSTHICS AAACTIVITYCTIVITYCTIVITY RRREPORTEPORTEPORT
Form #E-17
Ethics Activity Report
Boards are encouraged to publish periodic Code of Ethics activity reports. This model is a suggestion, and Boards
may choose to provide other relevant information*.
Number of ethics complaints filed from March 1 to July 30
Date Date
Article(s)
of the Code
alleged
to have been
violated
Referred by
Grievance
Committee for
hearing
Article(s)
found by
Hearing
Panel
to have been
violated
Appeal of
Hearing
Panel
decision
Board of
Directors
final action
Discipline
imposed
(if any)
Yes No Yes No
Complaint
#1
2 & 12 X In Progress
rehearing
requested
Complaint
#2
1, 2, 9, 11, 12 X hearing
scheduled
Complaint
#3
Complaint
#4
Complaint
#5
Complaint
#6
Complaint
#7
Complaint
#8
Complaint
#9
Complaint
#10
*No report shall include the names of individuals or firms.
(Revised 11/00)

16. Page 16
TTTECHNOLOGYECHNOLOGYECHNOLOGY
July 16, 2013
Realtor.com® Enhances Popular Real Estate App for iOS and Android
Updated app allows house hunters to view larger, higher resolution photos and easily share listings
via social channels
SAN JOSE, Calif., July 16, 2013 /PRNewswire/ -- Today, realtor.com®, the leader in online real estate, op-
erated by Move, Inc.
(NASDAQ: MOVE), announced version 5.0 of its free realtor.com® real estate app for iOS and Android.
The latest version features several key enhancements to offer users a more interactive, enjoyable and
seamless house-hunting experience. Users can now view larger, higher resolution photos and share list-
ings for the first time on social media channels including Facebook and Twitter.
In addition to sharing listings on social networks and viewing listings with larger, higher resolution pho-
tos, users will be able to quickly access shortcuts using a new shortcuts menu. iPhone and Android users
will be able to view listings in a new photo gallery tab and see photos of listings without leaving search
results, which will create a more visual experience to aid in the home buying process.
"The house hunting process can be cumbersome on its own," said Errol Samuelson, chief strategy officer
of Move, Inc. and president of realtor.com®. "With every new offering from realtor.com®, we make that
process easier with new tools and capabilities. We are continuing to improve and enhance our customers'
experiences, and this update is another step to put consumers first and help people love where they
live."
The realtor.com® real estate app already boasts search-enhancing features including search-by-school
functionality, which was added in April, and the ability to draw and create a custom search grid directly
on mobile devices. Real estate agents can also use the app to connect and search with clients to help eve-
ryone stay connected while looking for a home to buy or sell.
"Our world is constantly becoming more connected, so being able to add a social element to our app for
users to share their real estate journey with friends and family was an absolute must in our development,"
said Scott Boecker, chief product officer at Move, Inc. "The realtor.com® app allows users to share the
experience of buying and selling a home and get feedback they desire while easily navigating the mar-
ket."
Since its 2009 launch, the realtor.com® real estate app has been a top resource for those on the hunt for
their perfect
property. In the first quarter of 2013, the number of realtor.com® mobile app users grew by over 60 per-
cent and accounted for nearly 50 percent of all listing detail pages viewed. The v5.0 update continues to
help home buyers find their dream home and find it first.
Realtor.com® leverages its unique, direct relationships with more than 800 Multiple Listing Services
(MLSs), enabling consumers to search 98 percent of all for-sale properties listed in the U.S. With on-the-
go access to this robust database and approximately 90 percent of listings updated every 15 minutes,
realtor.com® provides the most accurate and comprehensive information in the industry.
For more information or to download the realtor.com® real estate app and the recently launched real-
tor.com® rentals app, please visit www.realtor.com/mobile.

17. Page 17
TTTECHNOLOGYECHNOLOGYECHNOLOGY, C, C, CONTINUEDONTINUEDONTINUED.........
About realtor.com®
Operated by Move, Inc., (NASDAQ: MOVE), realtor.com® helps connect people with the content, tools
and expertise they need to find their perfect home. As the official website of the National Association of
REALTORS®, realtor.com® empowers consumers to make the smartest decisions when it comes to finding
a home by leveraging direct connections with more than 800 MLSs to deliver the most accurate and up-to-
date listing information in neighborhoods across the country, and by making timely and meaningful con-
nections between consumers and REALTORS®. Whether through desktop, mobile, or tablet versions,
realtor.com® is where home happens.
About Move, Inc.
Move, Inc. (MOVE), the leader in online real estate, operates: realtor.com®, the official website of the Na-
tional Association of REALTORS®; Move.com, a leading destination for new homes and rental listings,
moving, home and garden, and home finance; ListHub™, the leading syndicator of real estate listingsM;
oving.com™; SeniorHousingNet; SocialBios; Doorsteps, TigerLead®; and TOP PRODUCER® Systems.
Move is based in San Jose, Calif.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's
view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Pri-
vate Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncer-
tainties and other factors which may cause the
results of Move, its subsidiaries, divisions and
concepts to be materially different than those
expressed or implied in such statements.
These risk factors and others are included
from time to time in documents Move files
with the Securities and Exchange Commis-
sion, including but not limited to, its Form 10-
Ks, Form 10-Qs and Form 8-Ks. Other un-
known or unpredictable factors also could
have material adverse effects on Move's future
results. The forward-looking statements in-
cluded in this press release are made only as
of the date hereof. Move cannot guarantee
future results, levels of activity, performance
or achievements. Accordingly, you should not
place undue reliance on these forward-
looking statements. Finally, Move expressly
disclaims any intent or obligation to update
any forward-looking statements to reflect sub-
sequent events or circumstances.
SOURCE Move, Inc.
News Provided by Acquire Media

18. Page 18
BOD MBOD MBOD MINUTESINUTESINUTES --- JJJUNEUNEUNE 201320132013
The regular meeting of the Flagler County Association of Realtors® (FCAR) Board of Directors was held at 8:00 am on Wednes-
day, June 19, 2013 at the offices of FCAR. Board members present were Honora Giumenta,, Tom Heiser, Nate McLaughlin, Car-
men Bongiovanni, Dan Connell, Elisha Heebner, Jim Walden. Marsha Corby and Ana DeAlmeida were absent. The minutes of the
May 22, 2013 meeting were presented and will be filed with no corrections.
No additions to the agenda were made.
Finance Committee Report: A report was given by Nate McLaughlin as chairman, on behalf of the committee. The report will be
filed. The first Budget workshop for 2014 operating budget was announced to be held during the July 19th Finance committee
meeting which begins at 9:00 am.
Affiliate Committee Report: A report was given by Honora Giumenta as a committee member, on behalf of the committee. The
report will be filed.
Building Committee Report: A report was given by Carmen Bongiovanni as a committee member, on behalf of the committee.
The report will be filed. After discussion by the Board regarding the committee’s dissatisfaction with the drape and valance in-
stallation, the Board requests that a letter expressing their dissatisfaction be sent to the vendor, M & E Cross.
Commercial Committee Report: A report was provided by the April minutes of the regularly scheduled meeting. Report will be
filed.
Grievance/Professional Standards Committee Report: Report was provided through the minutes of the June regularly scheduled
meeting of the committee. The report will be filed.
Clarification regarding motions that came from Grievance/Professional Standards Committee that were approved by members of
the committee that are also Board members was received from Margy Grant of Florida Realtors. The motions that were presented
at the meeting cannot be revisited due to an error in voting, but because one of the motions was rescinded by the committee, that
motion can be revisited at the next Grievance/Professional Standards meeting.
Clarification was requested regarding the policy of Board members being permitted to be members of the Professional Stand-
ards Committee. The policy reads: “Members of the Committee cannot serve on the Board of Directors. If elected, they must re-
sign.” A request was made for the Association Executive to determine if a policy change could be made to allow Board members
to be members of the Committee, but not on any panels. The Association Executive will check the Code of Ethics and Arbitration
Manual for policy guidelines.
MLS Committee Report: A report was provided by Tom Heiser as Chairman, on behalf of the committee. Report will be filed. The
Finance Committee approved the purchase of a printer so the MLS can issue custom SentriCards in a timelier manner.
Membership Committee Report: A report was presented by Carmen Bongiovanni, as Chairman, on behalf of the committee. The
report will be filed.
Public Policy Committee Report: A report was provided through the May regularly scheduled meeting of the committee. The re-
port will be filed.
Executive Officer’s Report: A report was given by Dorothy Sperber as Executive Officer. The report will be filed. The Associa-
tion’s building insurance provider will no longer be writing policies for owner occupied businesses. The Association is currently
looking for another provider through its insurance agent.
Unfinished Business: None.
New Business: A motion was made to give a five thousand dollar bonus to Executive Officer, Dorothy Sperber, in recognition of
ten years of service to the Flagler County Association of Realtors. Motion seconded. Motion carried.
FCAR will provide recommendations to Florida Realtors nominating committee for Maria Wells as Treasurer and Christine Han-
sen as Secretary.
The Board will provide tentative approval for startup costs and location for a Toastmaster Club chapter, contingent on confirma-
tion of insurance coverage.
There were no objections to the development of a YPN (Young Professionals Network) for FCAR. All members are welcome to
attend.
A request was made for the Association to provide a program for members that will explain the upcoming implementation of the
Affordable Care Act (ObamaCare) and their options for insurance coverage as independent contractors.
Meeting was adjourned at 9:31 am.